AvidXchange acquires Piracle payment management software company

Tuesday 25 November 2014 10:44 CET | News

AvidXchange, a US-based provider of AP and payment automation for the businesses, has completed its acquisition of Piracle, a provider of payment management tools.

Piracle provides customers with self-service software tools to generate electronic payments and manage their paper check printing process. Piracle’s programs combine payment software, supplies and outsourced check printing facilities.

The acquisition will enable Piracle’s clients to automate their entire accounts payable (AP) process—from invoice receipt through payment execution. The AvidXchange and Piracle teams will be working together over the next several months to ensure a smooth transition for employees and clients alike.

AvidXchange specialises in AP Automation for businesses. Automation eliminates paper by electronically capturing invoices, using business rules to route invoices for approval and storing all information electronically providing access to invoice status and history.

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Keywords: AvidXchange, Piracle, payment, management, software, AP, payment, automation, outsourced check, accounts payable, invoice
Categories: Banking & Fintech
Countries: World
This article is part of category

Banking & Fintech

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